Cyber Insurance
Protection from ransomware, data breach, cyber extortion, and Indonesian PDP law compliance.
Cyber insurance is increasingly essential for businesses in Indonesia. With the introduction of UU Perlindungan Data Pribadi (PDP Law) in 2022, companies handling customer data face potential penalties of up to 2% of annual revenue for data protection violations.
Fortis Garda helps businesses design comprehensive cyber insurance programs covering: incident response costs, forensic investigation, data breach notification, regulatory fines under PDP Law, business interruption from cyber events, ransomware payment (with insurer approval), and third-party liability claims.
Coverage typically ranges from Rp 1 billion for SMEs to Rp 50+ billion for enterprises. Premium starts from Rp 5-25 million per year for SMEs and scales with data volume, industry risk, and existing security controls.
- ✓ First-party costs — forensic, recovery, notification
- ✓ Third-party liability — customer lawsuits, data subject claims
- ✓ Regulatory fines — PDP Law compliance protection
- ✓ Ransomware payment — cyber extortion coverage
- ✓ Business interruption — downtime from cyber events
- ✓ 24/7 incident response hotline access